Donating cryptocurrency directly to a 501c3 nonprofit is a tax efficient way to make an impact and save you money.

Cryptocurrency is classified as property by the IRS, which means it is typically the most tax efficient way to support your favorite cause (like MCS!). When donating crypto, you receive a tax deduction for the fair market value of the crypto, and avoid the capital gains tax you would have incurred if you had sold the crypto and then made a donation. That means you’re able to donate more, as well as deduct more on your tax return. The difference? Sometimes more than 30%.

Curious to learn more? Talk to a crypto-savvy tax professional or connect with The Giving Block to get connected with one. If you want to learn more about how donating crypto can lower your taxes, check out thegivingblock.com/faq.

Please only send the exact cryptocurrency listed on the blockchain mentioned on the widget. Do not send any other cryptocurrencies (including layer 2, wrapped tokens, NFTs or other ERC-20 tokens not listed) as these are unsupported and may result in loss of donation. For more info, click here.

Your donation will immediately be deployed to help our neighbors in need. All cryptocurrency donations are final and refunds are not available. No goods, services or airdrops will be offered to donors in exchange for their cryptocurrency donations.